Hello everyone.
After having a look at the cr numbers this doesn't seem to be that bad as some people believed it would be. Ok. The sp is 11 cent. One could argue why this hasn't been higher. But otherwise they wanted to raise 5 millions and now they have 7. This could be viewed as a good sign. There was a much higher interest than anticipated and for second they needed less time to finalise the cr. If you look at the trading halt statement, you can read that the cr is finished either on thursday or when an announcement is published. We shouldn't forget that. From this perspective it is a good sign and many investors are still interested in IDC. As I am too...
Good luck to all and best regards,
Oki-Wan 2.0
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Ann: Completion of Capital Raising , page-4
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